SBI signed MoU with Kendriya Sainik Board

December 10, 2021
Current Context: The State Bank of India (SBI) has signed an MoU with the Kendriya Sainik Board.
SBI signed MoU with Kendriya Sainik Board
  • The MoU was signed to grant support and education to the children of war veterans, ex-servicemen, and war widows.
  • Under the MoU, SBI will provide Rs 1,000 per month to 8,333 war veterans’.
  • In this regard, the SBI has granted Rs 10 crores to the Armed Forces Flag Day Fund.
  • Static Part: 
    • HQ of SBI: Mumbai
    • Chairperson of SBI: Dinesh Kumar Khara

Question: 

Q.1 Which bank signed MoU with the Kendriya Sainik Board to support and educate children of war veterans, ex-servicemen, and war widows?
a. IDFC First Bank
b. State Bank of India
c. Bank of Maharashtra
d. Bank of Baroda

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience